Ethics of Enterprise's Full Commission Questioned

Enterprise Group of Funds of Atlanta is offering three broker/dealer affiliates a bigger payday for selling certain shares of its mutual funds. Although "reallowance," or full-commission payouts, are a common practice, some financial planners question whether or not they're ethical.

Through the end of the year, the company will pay what's called full reallowance to three firms which, along with Enterprise, are all part of the MONY Group of New York: MONY Securities, The Advest Group and Trusted Securities Advisors.